How it works: To avoid the seasonal fluctuations of energy bills that can be caused by hot or cold weather extremes, Budget Billing spreads your bill payments evenly over 12 months. Your monthly budget payments will be uniform for 11 months, based on your usage history. The bill for the 12th month will include a true-up, an increase or decrease in the amount due to reflect your actual usage and energy charges for the year. Budget Billing does not change any past due amount.
Here is an example of a twelve-month regular bill vs. a budget bill:
In this example, the customer pays an additional $50 in their December payment when the bill is "trued- up."